Here's the chance fo everyone to offload on why taxes have ruined their lives...
But she does get the S.S.I insurance and medicaid, so she is in the 47% of takers, just like the rest you whine about.
Sources of Federal tax revenue fiscasl year 2010: Income taxes=42%, Payroll taxes =40%, 9%= corporate income taxes, other taxes =6%, excise taxes =3%,
¦Revenue from the corporate income tax fell from between 5 and 6 percent of GDP in the early 1950s to 1.3 percent of GDP in 2010. Source Budget of the United States Government, Fiscal year 2012
A four year old????? Good lord play the violins I doubt any four year old pays taxes. Geez
Qualified Dividends Qualified dividends are the ordinary dividends subject to the same 0% or 15% maximum tax rate that applies to net capital gain. They should be shown in box 1b of the Form 1099-DIV you receive.
Qualified dividends are subject to the 15% rate if the regular tax rate that would apply is 25% or higher. If the regular tax rate that would apply is lower than 25%, qualified dividends are subject to the 0% rate.
To qualify for the 0% or 15% maximum rate, all of the following requirements must be met.
•The dividends must have been paid by a U.S. corporation or a qualified foreign corporation. (See Qualified foreign corporation , later.)
•The dividends are not of the type listed later under Dividends that are not qualified dividends .
•You meet the holding period Source : IRS
Never said that so you are lying. Federal income tax. Get it
1 in 5 (20%) of the 47% who pay no federal income taxes are citizens who are disabled, you know blind, cerebral palsy, a 4 year old needing a heart and lung transplant, check out letters to Autumn, and senior citizens whom spent a lifetime paying payroll taxes, and of course 37 of the largest corporations in the U.S., who pay no income taxes, and an effective corporate tax rate of 0%, fair share, corporate taxes on these 37 "citizens", were 1.16% of GDP, historic lows, wonder why so few at the top pay so much in federal income taxes, because that is where the concentration of wealth is, hence the wealth gap is growing.
When you say 47% dont pay taxes thats a lie !
Mixing types of tax to hide the truth again. Cap gains is not the same thing. We are talking about federal tax not state,sales property and all the other taxes you libs seem to love. Everyone should pay federal tax at the same rate rich or poor doesn't matter. Only the twisted mind of a liberal can say a fair share means we treat eveyone differently depending on who you vote for
Thats for your 47% tiredbrain , did you even bother to look it up or just believe ole Karl Rove the traitor !
Well for one its not 47% !!Of those people not paying income tax, about half of them are people with no taxable income -- low-income elderly and low-income working families. The idea that they are paying no taxes whatsoever is somewhat misleading, though. According to Williams, about two-thirds payroll taxes (because they work), while most of them will also pay state income taxes or sales taxes."We all benefit from the tax preferences in the system," Williams says, "and the people who benefit most are the wealthiest Americans. Mitt Romney himself benefitted hugely from the 15 percent preferential rate on capital gains."
So what is a fair share leftys? Is the 47% by paying nothing, paying a fair share? Is the top 10% paying enough for you? How can you be so disingenuous as to say everyone should pay a fair share with these facts in front of you?
Here is the truth: that 10% of top wage earners pay 71% of all income taxes being paid. The top 25% pay 87% of all income taxes paid.
Talk in your ying yand circles all you want.
What is your problem with these numbers? Is it that you don't pay taxes and are part of the 47%?
What you call truth is actually bulllcrap ! What you dont like is being shown what the real truthis !
You left wingers cna't handle the truth.
i am with you on that thought. it is drizzling here and a bit chilly. i have to run to the bank to cash some checks after mail runs but other than that just trying to stay out of trouble with my wife!
Staying out of the rain and keeping dry ! And you ?
good morning munster. what do you have on tap for today?
Thats exactly right LTS !
beright, he still thinks the middle-class and the poor float the country when it comes to federal taxes. he laughs in the face of inconvenient facts. to discuss this topic with him is a complete waste of time. as much i do not always agree with the political slant taken by some reporting agencies, it does not detract from a fact being a fact......unless the facts are cherry-picked.
The CBO is putting out the same numbers. Why are you have suching a hard time getting a grip on this matter?
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